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Reliance Capital to monetise non-core biz by March 2018

Reliance Capital to monetise non-core biz by March 2018

Friday, March 17, 2017, 6:04 PM

Reliance Capital said the process of monetising its non-core investments will be completed by March 2018 and the management is now committed to zoom in its focus on the key financial services verticals. Housing loan, loans to small and medium enterprises and consumer finance will be the new growth engines. It had earlier in the month sold its stake in One97 Communications.
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